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Central banks move to address cash supply problems

by CBDC Insider Staff
April 29, 2020
in Business, Europe
Reading Time: 1min read
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Central banks move to address cash supply problems
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European central banks are putting in place measures to ensure the supply of banknotes across the continent, as demand and supply fluctuates wildly during the global pandemic.
During the crisis the demand for cash has become less predictable, says the European Central Bank in a blog post penned by board member Fabio Panetta – in mid-March reaching the historical peak of EUR19 billion in circulation last seen at the height of the 2008 financial crisis

Continue read: https://www.finextra.com/newsarticle/35713/central-banks-move-to-address-cash-supply-problems/covid-19

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